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EPF rate to remain at around 8%

EPF rate to remain at around 8%: The central board of trustees of the Employees' Provident Fund Organisation will convene on March 25-26 to determine the interest rates for provident fund deposits for 2022-23. The interest rate is anticipated to remain close to 8 percent as the EPFO calculates its earnings, The Economic Times reported on March 5 citing official sources. As per the report, EPFO's returns on investments have been robust this year as Covid-related withdrawals have decreased significantly. Official      Read More